The US Federal Deposit Insurance Corporation (FDIC) has proposed new rules to regulate FDIC-supervised stablecoin issuers in accordance with the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, which was signed into law […]
Key Takeaways: Japan raises serious concerns that could drive sweeping new regulations across crypto markets. The FSA signals tougher oversight through more effective and stringent regulations on providers. The FSA warns that wide crypto regulation […]
Drift Protocol, the decentralized exchange (DEX) that lost an estimated $280 million in an exploit last week, claims the loss was the result of a six-month, highly coordinated attack. “The preliminary investigation shows that Drift […]
Top brokerage Charles Schwab, which oversees over $12 trillion in client assets, is preparing to launch the Schwab Crypto account for buying and selling Bitcoin and Ethereum. Schwab’s spot crypto trading is expected to go […]
A Nevada judge has reportedly extended a ban preventing Kalshi from offering event-based contracts in the state, ruling that the products constitute unlicensed gambling under state law. Judge Jason Woodbury said at a hearing in […]
CFTC-DOJ Lawsuits Target State Control Over Prediction Markets Authority The Commodity Futures Trading Commission (CFTC), the U.S. derivatives regulator, and the Department of Justice (DOJ) filed lawsuits on April 2 against three states targeting prediction […]
US Debanking Fight Ignites as FTC Targets Visa, Mastercard, Paypal, and Stripe Practices Access to financial services has become a focal policy concern as federal regulators scrutinize industry practices. Federal Trade Commission (FTC) Chairman Andrew […]
Polymarket has integrated Pyth Network as the resolution source for a new slate of financial prediction markets, further extending the crypto-native platform into stocks, commodities, and equity benchmarks. The rollout includes daily direction and closing […]
Global asset manager Franklin Templeton is set to expand its crypto footprint by acquiring a spinoff of the crypto-native investment firm CoinFund. Franklin Templeton said Wednesday it plans to acquire 250 Digital, a CoinFund spinoff […]
The #2 Texas state official called on lawmakers to study “the sudden inundation of prediction market gambling“ as other jurisdictions take the platforms to court. Dan Patrick, Lieutenant Governor and President of the Senate in […]
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